The Bitcoin price is currently confirming below the last support at $59K in the short-term time frame. A crash still hasn’t happened but just about all the boxes have been ticked which signal that the next big leg down is probably almost upon us.
President Donald Trump reported at least $1.4 billion in cryptocurrency-related earnings for 2025 in his latest federal financial disclosure, with memecoin royalties and token sales from his family’s crypto venture driving the bulk of the haul.
July 1, 2026, 9:30 amBitcoin is headed toward the activation date of BIP-110, a proposal aimed at removing spam from the network, and only allowing usage for payments and P2P transfers.
July 1, 2026, 9:12 amBitcoin slid under $58,000 on June 30, closing out its worst quarter in years as quarter-end selling, sustained ETF outflows, and fresh anxiety over Strategy Inc.’s pivot dragged the token to a 34% year-to-date loss.
The repeated delays in the merger vote highlight potential investor uncertainty and could set a precedent for future Bitcoin-based SPAC deals.
Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning.
The record outflow beat the previous worst month by 29% and came on nine consecutive days of redemptions to close the period.
Q2 2026 equities posted biggest gains since 2020 while bitcoin lagged amid a 13-day ETF outflow streak and profit taking.
US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded $4.5 billion in net outflows during June 2026. This was the worst monthly figure since the products launched in January 2024. The redemptions coincided with a sharp price decline.
Analysts cited capital rotation amid macroeconomic uncertainty and SpaceX's historic IPO as the main drivers of the significant outflows.
A $1,000 bet on the S&P 500 in 2021 now beats the same bet on Bitcoin, despite crypto's much wilder ride.
$58,604.00 -1.16%
$1.17T Market Cap
$34.14B Total Volume (2.91%)
$126,080 All Time High -53.52%
until new daily candle
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